30 NFT Statistics to Understand in 2022

Whether you’re a seasoned NFT holder or have no idea what an NFT is, you should know some crucial information about this new asset class.

What are Non-Fungible Tokens (NFTs)?

NFTs are cryptographic digital assets with unique codes and metadata. The tokens are virtual representations of digital or tangible items and can represent virtually anything.

NFT Statistics

Now that you know the basics of NFTs, here are some interesting statistics to understand NFTs in 2022.

1. NFT Market Cap

The NFT market cap is worth more than $7 billion as of November.

2. Millennials Like NFTs Most

Millennials are three times as likely as Gen Zers to buy and sell NFTs.

3. First and Largest NFT Marketplace

OpenSea is the first and largest NFT marketplace with over $6.5 billion in trading volume.

4. NFT Sales Volume

NFT sales have grown 131 times from the first quarter of 2020 to the first quarter of 2021, which saw $2 billion in sales.

5. Largest NFT Sale in History

The largest sale in NFT market history is Pak’s “The Merge.” It sold on December 2nd, 2021, for 91.8 million dollars, making it the most expensive NFT sold to date.

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